Analyst Scoreboard: 14 Ratings For Franklin Resources
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Franklin Resources (NYSE:BEN), with most leaning towards bearish sentiments. The average 12-month price target has decreased to $21.23 from $22.90. Recent analyst actions include several downgrades and lowered price targets, reflecting cautious outlooks. Despite a positive revenue trend, Franklin Resources faces challenges with profitability and returns compared to industry averages.
October 22, 2024 | 5:01 pm
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NEGATIVE IMPACT
Franklin Resources (NYSE:BEN) has received predominantly bearish ratings from analysts, with a decrease in the average 12-month price target to $21.23. Analysts have lowered their ratings and price targets, indicating a cautious outlook. Despite a positive revenue trend, the company faces challenges in profitability and returns compared to industry averages.
The article highlights a predominantly bearish sentiment among analysts for Franklin Resources, with several downgrades and lowered price targets. The decrease in the average price target and the cautious outlook from analysts suggest potential short-term downward pressure on the stock price. Despite a positive revenue trend, the company's profitability and returns are below industry averages, which may contribute to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100